Following the money that apparently doesn't exist...here are select story links for 3/11/09 tracking the state's delayed income tax refunds:
1. WRAL: The state Department of Revenue has until the beginning of June to issue tax refunds to North Carolina taxpayers without penalty, an agency spokeswoman said Monday.
Kim Brooks said state law provides the department 45 days after April 15 – or after a late return is filed – to issue a refund before interest starts accruing on the refund.
2. The Greenville Daily Reflector: The fiscal pressures building upon her [Gov. Bev Perdue] are starting to test that goodwill.
Lottery proponents and critics panned her recent decision to shift some lottery profits to help pay other government bills and narrow a $2.2 billion budget shortfall — even after Perdue said during the campaign she wanted to protect lottery funds to spend on education.
Her administration is dealing with frustrated taxpayers waiting for delayed tax refund checks.
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E.C. :)
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